Inward Blog

Viewing entries posted in February 2017

We recently came across an impactful study conducted by BMC, which was shared at last month's Davos World Economic Forum: http://bit.ly/2iBDIHc. The theme for the annual meeting in Davos was Responsive and Responsible Leadership, as "traditional industries are being redefined and new ones are being created from scratch." Advances in machine learning, artificial intelligence, robotics, the Internet of Things, self-driving vehicles, and new payment technologies are forcing businesses, governments and individuals to examine how people work and the skills required of labor forces to meet the demands and needs of digital industry.

According to a recent front-page article in the Wall Street Journal entitled “The End of Employees”, US companies are shifting work once considered to be core company functions to contractors, which is pruning costs and job security for workers. The article states, “never before have American companies tried so hard to employee so few people. The outsourcing wave that moved apparel making jobs to China and call center operations to India is now just as likely to happen inside companies across the US and in almost every industry.”

Any good manager knows that their team cannot perform at a consistently high level if they are tired and overworked. And yet, a number of recent studies show that employee burnout is a significant contributing factor affecting staff turnover, morale, and employee engagement.